What the Battle Over Control of PG&E Means for US Utility Customers

By Theodore J. Kury, University of Florida

What the Battle Over Control of PG&E Means for US Utility Customers
By Theodore J. Kury
University of Florida


There’s a battle raging over the ownership of PG&E Corp., one of the nation’s largest utilities, with cities, hedge fund managers and even customers all in the running.

Growing liabilities over its role in several deadly wildfires in California forced the company to file for bankruptcy in January. It hopes to soon reemerge with a stronger balance sheet. The state’s governor has threatened a government takeover if it doesn’t come up with a viable plan that not only keeps the company solvent but also improves safety from wildfire.

Meanwhile, a group of creditors has submitted their own plan to take control of the utility. And dozens of mayors and county leaders are behind an effort to turn PG&E into a customer-owned cooperative, driven by anger over how the company has managed the power grid – including the use of intentional blackouts in recent months to prevent wildfires.

PG&E’s troubles may be unique, but it isn’t the only U.S. utility facing challenges to a 20th-century business model that’s been buffeted by new technologies and changes in the ways that people consume electricity. Utilities in locations as diverse as Alaska, Florida, South Carolinaand Texas are considering changing their ownership structure.

As the director of energy studies at the University of Florida’s Public Utility Research Center, I’ve had the opportunity to study the impacts of changes in utility ownership and what they mean for customers.

The possible paths of PG&E offer some clues.

Cleaning the balance sheet

The most likely scenario at this point is that PG&E – which serves some 16 million people from the forests of Northern California to the outskirts of Los Angeles – remains largely the same.

That’s what happened the last time the utility went through a bankruptcy, in 2001, as a result of the California power crisis. It exited bankruptcy three years later following the approval of a settlement agreement with the California Public Utilities Commission in which about US$7.2 billion of the costs of the bankruptcy were assigned to the utility’s customers.

So the baseline case for PG&E is that it stays pretty much the same as it was before – with the same ownership and regulatory structure – but with a cleaner balance sheet that resolves its current obligations.

This time around, part of PG&E’s plan would be to raise over US$30 billion from new debt and equity and cap how much it owes victims of wildfires in agreement with the bankruptcy judge and creditors. The state regulator would then decide how much of this debt and equity to pass on to consumers.

The 2001 bankruptcy cost the average customer $1,300 to $1,600. The California legislature is considering absorbing those extra costs, which just means taxpayers would pick up the tab.

Under new management

Another possibility would be the sale of PG&E to a new private investor – either to an existing utility or to a hedge fund or similar investor not currently involved in the utility business.

For example, a group of PG&E creditors led by Pacific Investment Management Co. and Elliott Management Corp. have proposed a competing restructuring plan that would wipe out existing shareholders, take the company private and set up a $12.75 billion fund for wildfire victims.

While this would change the name on the masthead, it wouldn’t change the utility’s regulatory structure at all. Responsibility for oversight regarding rate setting, capital investment, and utility operation standards would still lie with the state regulator.

The potential impact on customers, however, could be significant. If a new owner were to pay more than the net book value of PG&E’s assets, that might be passed on to customers in the form of higher rates in the future. Ultimately, the state regulator would help determine the specific treatment of the so-called acquisition premium.

Municipal control

Others are pushing for more radical changes to PG&E.

In early September, San Francisco, for example, offered US$ 2.5 billion to buy the company’s electricity assets in the city. Last month, PG&E rejected the offer, saying it undervalued the assets.

In California and other states, cities do have the right to take control of the assets of PG&E through eminent domain. But the process can be complex, time-consuming and costly.

For example, when Winter Park, Florida, took control of the local assets of its main power provider in 2005, the city estimated the value of the physical assets at US$ 15.8 million. The eventual purchase price of the system determined by the arbitrator was just over US$ 42 million. In addition, the city incurred legal and technical support costs during the process. The amount of these costs is not known, but the city issued almost $49 million in bonds to cover all of the costs of the acquisition. The process also took several years because the utility fought the city’s plan.

In the case of PG&E, state regulators would have the responsibility for determining a fair price the city should pay for the assets. Once approved, responsibility for setting utility rates and conditions for safety and reliability would then lie with the local government or a locally appointed utility board instead of with the state regulator.

The upshot of this is that whether costs go up or down – which can depend – advocates for a municipal takeover can at least say there’s local control.


Customer ownership


A twist on the city taking control is forming a cooperative in which customers own the utility.

The mayor of San Jose is spearheading an effort to form a cooperative to assume control of PG&E – which, if it happens, would become the largest in the U.S. Under an electric cooperative, the utility functions as a non-profit entity and each member customer has a say in its operation. Rate setting responsibilities lie with a board appointed by the members with any excess revenues returned to the members at the end of each year.

There’s an open question over whether customers are permitted to opt-out of ownership – and simply be a paying customer without any capital obligations. Opting out, of course, would mean not having a say in the utility’s operation nor a share of excess revenues.

Deep frustration


These proposals, which stem from a deep frustration with promises for better service made following the 2001 bankruptcy and PG&E’s responses to wildfires, would represent a major change in the status quo for PG&E, which normally answers to shareholders and regulators as any other public utility would.

Yet it’s important to note that changing ownership models only affects the flow of money and responsibility, not electricity. Regardless, the utility will continue to provide service for its customers.
Any preference for one model over another depends on where people want the money to flow and where they prefer that responsibility to lie.

Ultimately, the research doesn’t suggest there’s an optimal model. Each can result in lower or higher costs depending on how the utility is run and many other factors. What really matters is what a community values most.

This article is republished from The Conversation under a Creative Commons license. Read the original article.

About the Author:

Theodore J. Kury, Director of Energy Studies, University of Florida

DISCLAIMER: The views expressed in this insight piece are those of the author and do not necessarily reflect the official policy or position of the IndraStra Global

Sign up to the IndraStra Global's daily email
Name

-51,1,3D Technology,2,5G,9,Abkhazia,2,Academics,10,Accidents,20,Activism,1,Adani Group,4,ADB,12,ADIZ,1,Adults,1,Advertising,31,Advisory,2,Aerial Reconnaissance,13,Aerial Warfare,35,Aerospace,5,Afghanistan,88,Africa,111,Agile Methodology,2,Agriculture,20,AI Policy,1,Air Crash,10,Air Defence Identification Zone,1,Air Defense,6,Air Force,29,Air Pollution,1,Airbus,5,Aircraft Carriers,5,Aircraft Systems,5,Al Nusra,1,Al Qaida,4,Al Shabab,1,Alaska,1,ALBA,1,Albania,2,Algeria,3,Alibaba,1,American History,4,AmritaJash,10,Antarctic,1,Antarctica,1,Anthropology,7,Anti Narcotics,12,Anti Tank,1,Anti-Corruption,4,Anti-dumping,1,Anti-Piracy,2,Anti-Submarine,1,Anti-Terrorism Legislation,1,Antitrust,2,APEC,1,Apple,2,Applied Sciences,2,AQAP,2,Arab League,3,Architecture,2,Arctic,6,Argentina,7,Armenia,30,Army,3,Art,3,Artificial Intelligence,81,Artillery,2,Arunachal Pradesh,2,ASEAN,12,Asia,70,Asia Pacific,23,Assassination,2,Asset Management,1,Astrophysics,2,ATGM,1,Atmospheric Science,1,Atomic.Atom,1,Augmented Reality,7,Australia,56,Austria,1,Automation,13,Automotive,129,Autonomous Flight,2,Autonomous Vehicle,3,Aviation,63,AWACS,2,Awards,17,Azerbaijan,16,Azeri,1,B2B,1,Bahrain,9,Balance of Payments,2,Balance of Trade,3,Balkan,10,Balochistan,2,Baltic,3,Baluchistan,8,Bangladesh,28,Banking,52,Bankruptcy,2,Basel,1,Bashar Al Asad,1,Battery Technology,2,Bay of Bengal,5,BBC,2,Beijing,1,Belarus,3,Belgium,1,Belt Road Initiative,3,Beto O'Rourke,1,BFSI,1,Bhutan,13,Big Data,30,Big Tech,1,Bilateral Cooperation,19,BIMSTEC,1,Biography,1,Biotechnology,3,Birth,1,BISA,1,Bitcoin,9,Black Lives Matter,1,Black Money,3,Black Sea,2,Blockchain,32,Blood Diamonds,1,Bloomberg,1,Boeing,21,Boko Haram,7,Bolivia,6,Bomb,3,Bond Market,2,Book,11,Book Review,24,Border Conflicts,11,Border Control and Surveillance,7,Bosnia,1,Brand Management,14,Brazil,104,Brexit,22,BRI,5,BRICS,20,British,3,Broadcasting,16,Brunei,3,Brussels,1,Buddhism,1,Budget,4,Build Back Better,1,Bulgaria,1,Burma,2,Business & Economy,1191,C-UAS,1,California,5,Call for Proposals,1,Cambodia,7,Cameroon,1,Canada,54,Canadian Security Intelligence Service (CSIS),1,Carbon Economy,9,CAREC,1,Caribbean,9,CARICOM,1,Caspian Sea,2,Catalan,3,Catholic Church,1,Caucasus,9,CBRN,1,Cement,1,Central African Republic,1,Central Asia,81,Central Asian,3,Central Eastern Europe,47,Certification,1,Chad,2,Chanakya,1,Charity,2,Chatbots,2,Chemicals,7,Child Labor,1,Child Marriage,1,Children,4,Chile,10,China,575,Christianity,1,CIA,1,CIS,5,Citizenship,2,Civil Engineering,2,Civil Liberties,5,Civil Rights,2,Civil Society,5,Civil Unrest,1,Civilization,1,Clean Energy,5,Climate,66,Climate Change,22,Climate Finance,2,Clinical Research,3,Clinton,1,Cloud Computing,44,Coal,6,Coast Guard,3,Cocoa,1,Cognitive Computing,12,Cold War,5,Colombia,15,Commodities,4,Communication,11,Communism,3,Compliance,1,Computers,40,Computing,1,Conferences,1,Conflict,106,Conflict Diamonds,1,Conflict Resolution,48,Conflict Resources,1,Congo,1,Construction,5,Consumer Behavior,4,Consumer Price Index,4,COP26,4,COP28,1,Copper,2,Coronavirus,107,Corporate Communication,1,Corporate Governance,4,Corporate Social Responsibility,4,Corruption,4,Costa Rica,2,Counter Intelligence,15,Counter Terrorism,81,COVID,9,COVID Vaccine,6,CPEC,8,CPG,3,Credit,2,Credit Rating,1,Credit Score,1,Crimea,4,CRM,1,Croatia,2,Crypto Currency,16,Cryptography,1,CSTO,1,Cuba,7,Culture,5,Currency,8,Customer Relationship Management,1,Cyber Attack,7,Cyber Crime,2,Cyber Security & Warfare,115,Cybernetics,5,Cyberwarfare,16,Cyclone,1,Cyprus,5,Czech Republic,3,DACA,1,DARPA,3,Data,9,Data Analytics,36,Data Center,2,Data Science,2,Database,3,Daughter.Leslee,1,Davos,1,DEA,1,DeBeers,1,Debt,12,Decision Support System,5,Defense,12,Defense Deals,8,Deforestation,2,Deloitte,1,Democracy,21,Democrats,2,Demographic Studies,1,Demonetization,6,Denmark. F-35,1,Denuclearization,1,Diamonds,1,Digital,39,Digital Currency,1,Digital Economy,10,Digital Marketing,6,Digital Transformation,11,Diplomacy,14,Diplomatic Row,2,Disaster Management,4,Disinformation,2,Diversity & Inclusion,1,Djibouti,2,Documentary,3,Doklam,2,Dokolam,1,Dominica,2,Donald Trump,46,Donetsk,2,Dossier,2,Drones,14,E-Government,2,E-International Relations,1,Earning Reports,3,Earth Science,1,Earthquake,7,East Africa,2,East China Sea,9,eBook,1,ECB,1,eCommerce,11,Econometrics,2,Economic Justice,1,Economics,43,Economy,107,ECOWAS,2,Ecuador,3,Edge Computing,2,Editor's Opinion,49,Education,65,EFTA,1,Egypt,27,Election Disinformation,1,Elections,40,Electric Vehicle,14,Electricity,7,Electronics,8,Emerging Markets,1,Employment,19,Energy,316,Energy Policy,28,Energy Politics,27,Engineering,24,England,2,Enterprise Software Solutions,8,Entrepreneurship,15,Environment,47,ePayments,13,Epidemic,6,ESA,1,Ethiopia,3,Eulogy,4,Eurasia,3,Euro,6,Europe,13,European Union,229,EuroZone,5,Exchange-traded Funds,1,Exclusive,2,Exhibitions,2,Explosives,1,Export Import,6,F-35,6,Facebook,9,Fake News,3,Fallen,1,FARC,2,Farnborough. United Kingdom,2,FATF,1,FDI,5,Featured,1350,Federal Reserve,2,Fidel Castro,1,FIFA World Cup,1,Fiji,1,Finance,18,Financial Markets,58,Financial Planning,1,Financial Statement,2,Finland,5,Fintech,14,Fiscal Policy,14,Fishery,3,Five Eyes,1,Food Security,27,Forces,1,Forecasting,2,Foreign Policy,13,Forex,4,France,33,Free Market,1,Free Syrian Army,4,Free Trade Agreement,1,Freedom,3,Freedom of Press,1,Freedom of Speech,2,Frigate,1,FTC,1,Fujairah,97,Fund Management,1,Funding,22,Future,1,G20,10,G24,1,G7,4,Gaddafi,1,Gambia,2,Gaming,1,Garissa Attack,1,Gas Price,23,GATT,1,Gaza,13,GCC,11,GDP,13,GDPR,1,Gender Studies,2,Geneal Management,1,General Management,1,Generative AI,7,Genetics,1,Geo Politics,105,Geography,2,Geoint,14,Geopolitics,8,Georgia,11,Georgian,1,geospatial,9,Geothermal,2,Germany,67,Ghana,3,Gibratar,1,Gig economy,1,Global Perception,1,Global Trade,95,Global Warming,1,Global Water Crisis,11,Globalization,3,Gold,2,Google,20,Gorkhaland,1,Government,128,Government Analytics,1,GPS,1,Greater Asia,169,Greece,13,Green Bonds,1,Green Energy,3,Greenland,1,Gross Domestic Product,1,GST,1,Gujarat,6,Gulf of Tonkin,1,Gun Control,4,Hacking,4,Haiti,2,Hamas,10,Hasan,1,Health,8,Healthcare,72,Heatwave,1,Helicopter,12,Heliport,1,Hezbollah,3,High Altitude Warfare,1,High Speed Railway System,1,Hillary 2016,1,Hillary Clinton,1,Himalaya,1,Hinduism,2,Hindutva,4,History,10,Home Security,1,Honduras,2,Hong Kong,7,Horn of Africa,5,Housing,16,Houthi,12,Howitzer,1,Human Development,32,Human Resource Management,5,Human Rights,6,Humanitarian,3,Hungary,3,Hunger,3,Hydrocarbon,3,Hydrogen,4,IAEA,2,ICBM,1,Iceland,2,ICO,1,Identification,2,IDF,1,Imaging,2,IMEEC,2,IMF,76,Immigration,19,Impeachment,1,Imran Khan,1,Independent Media,72,India,653,India's,1,Indian Air Force,19,Indian Army,7,Indian Nationalism,1,Indian Navy,27,Indian Ocean,24,Indices,1,Indigenous rights,1,Indo-Pacific,4,Indonesia,19,IndraStra,1,Industrial Accidents,3,Industrial Automation,2,Industrial Safety,4,Inflation,10,Infographic,1,Information Leaks,1,Infrastructure,3,Innovations,22,Insider Trading,1,Insurance,3,Intellectual Property,3,Intelligence,5,Intelligence Analysis,8,Interest Rate,3,International Business,13,International Law,11,International Relations,9,Internet,53,Internet of Things,34,Interview,8,Intra-Government,5,Investigative Journalism,4,Investment,32,Investor Relations,1,iPhone,1,IPO,4,Iran,202,Iraq,54,IRGC,1,Iron & Steel,4,ISAF,1,ISIL,9,ISIS,33,Islam,12,Islamic Banking,1,Islamic State,86,Israel,142,ISRO,1,IT ITeS,136,Italy,10,Ivory Coast,1,Jabhat al-Nusra,1,Jack Ma,1,Jamaica,3,Japan,88,JASDF,1,Jihad,1,JMSDF,1,Joe Biden,6,Joint Strike Fighter,5,Jordan,7,Journalism,6,Judicial,4,Justice System,3,Kanchin,1,Kashmir,8,Kaspersky,1,Kazakhstan,25,Kenya,5,Khalistan,2,Kiev,1,Kindle,700,Knowledge Management,4,Korean Conflict,1,Kosovo,2,Kubernetes,1,Kurdistan,8,Kurds,10,Kuwait,7,Kyrgyzstan,9,Labor Laws,10,Labor Market,4,Land Reforms,3,Land Warfare,21,Languages,1,Laos,2,Large language models,1,Laser Defense Systems,1,Latin America,80,Law,6,Leadership,3,Lebanon,10,Legal,11,LGBTQ,2,Li Keqiang,1,Liberalism,1,Library Science,1,Libya,14,Liechtenstein,1,Lifestyle,1,Light Battle Tank,1,Linkedin,1,Littoral Warfare,2,Livelihood,3,Loans,9,Lockdown,1,Lone Wolf Attacks,2,Lugansk,2,Macedonia,1,Machine Learning,7,Madagascar,1,Mahmoud,1,Main Battle Tank,3,Malaysia,12,Maldives,13,Mali,7,Malware,2,Management Consulting,6,Manpower,1,Manto,1,Manufacturing,15,Marijuana,1,Marine Engineering,3,Maritime,50,Market Research,2,Marketing,38,Mars,2,Martech,10,Mass Media,29,Mass Shooting,1,Material Science,2,Mauritania,1,Mauritius,2,MDGs,1,Mechatronics,2,Media War,1,MediaWiki,1,Medicare,1,Mediterranean,12,MENA,6,Mental Health,4,Mercosur,2,Mergers and Acquisitions,18,Meta,2,Metadata,2,Metals,3,Mexico,13,Micro-finance,4,Microsoft,12,Migration,19,Mike Pence,1,Military,110,Military Exercise,10,Military-Industrial Complex,3,Mining,15,Missile Launching Facilities,6,Missile Systems,56,Mobile Apps,3,Mobile Communications,11,Mobility,4,Modi,8,Moldova,1,Monaco,1,Monetary Policy,6,Money Market,2,Mongolia,11,Monkeypox,1,Monsoon,1,Montreux Convention,1,Moon,4,Morocco,2,Morsi,1,Mortgage,3,Moscow,2,Motivation,1,Mozambique,1,Mubarak,1,Multilateralism,2,Mumbai,1,Muslim Brotherhood,2,Mutual Funds,1,Myanmar,30,NAFTA,3,NAM,2,Namibia,1,Nanotechnology,4,Narendra Modi,2,NASA,13,National Identification Card,1,National Security,5,Nationalism,2,NATO,33,Natural Disasters,14,Natural Gas,33,Natural Language Processing,1,Nauru,1,Naval Base,5,Naval Engineering,23,Naval Intelligence,2,Naval Postgraduate School,2,Naval Warfare,50,Navigation,2,Navy,23,NBC Warfare,2,NDC,1,Nearshoring,1,Negotiations,2,Nepal,12,Netflix,1,Neurosciences,7,New Delhi,4,New Normal,1,New York,5,New Zealand,7,News,1244,News Publishers,1,Newspaper,1,NFT,1,NGO,1,Nicaragua,1,Niger,3,Nigeria,10,Nikki Haley,1,Nirbhaya,1,Non Aligned Movement,1,Non Government Organization,4,Nonproliferation,2,North Africa,23,North America,53,North Korea,58,Norway,5,NSA,1,NSG,2,Nuclear,41,Nuclear Agreement,32,Nuclear Doctrine,2,Nuclear Energy,4,Nuclear Fussion,1,Nuclear Propulsion,2,Nuclear Security,47,Nuclear Submarine,1,NYSE,1,Obama,3,ObamaCare,2,OBOR,15,Ocean Engineering,1,Oceania,2,OECD,5,OFID,5,Oil & Gas,382,Oil Gas,7,Oil Price,73,Olympics,2,Oman,25,Omicron,1,Oncology,1,Online Education,5,Online Reputation Management,1,OPEC,129,Open Access,1,Open Journal Systems,1,Open Letter,1,Open Source,4,OpenAI,2,Operation Unified Protector,1,Operational Research,4,Opinion,685,Opinon Poll,1,Optical Communications,1,Pacific,5,Pakistan,181,Pakistan Air Force,3,Pakistan Army,1,Pakistan Navy,3,Palestine,24,Palm Oil,1,Pandemic,84,Papal,1,Paper,3,Papers,110,Papua New Guinea,2,Paracels,1,Partition,1,Partnership,1,Party Congress,1,Passport,1,Patents,2,PATRIOT Act,1,Peace Deal,6,Peacekeeping Mission,1,Pension,1,People Management,1,Persian Gulf,19,Peru,5,Petrochemicals,1,Petroleum,19,Pharmaceuticals,14,Philippines,17,Philosophy,2,Photos,3,Physics,1,Pipelines,5,PLA,2,PLAN,4,Plastic Industry,2,Poland,8,Polar,1,Policing,1,Policy,8,Policy Brief,6,Political Studies,1,Politics,52,Polynesia,3,Pope,1,Population,6,Portugal,1,Poverty,8,Power Transmission,6,President APJ Abdul Kalam,2,Presidential Election,30,Press Release,158,Prison System,1,Privacy,18,Private Equity,2,Private Military Contractors,2,Privatization,1,Programming,1,Project Management,4,Propaganda,5,Protests,11,Psychology,3,Public Policy,55,Public Relations,1,Public Safety,7,Publications,1,Publishing,7,Purchasing Managers' Index,1,Putin,7,Q&A,1,Qatar,114,QC/QA,1,Qods Force,1,Quad,1,Quantum Computing,3,Quantum Physics,4,Quarter Results,2,Racial Justice,2,RADAR,2,Rahul Guhathakurta,4,Railway,9,Raj,1,Ranking,4,Rape,1,RBI,1,RCEP,2,Real Estate,6,Recall,4,Recession,2,Red Sea,4,Referendum,5,Reforms,18,Refugee,23,Regional,4,Regulations,2,Rehabilitation,1,Religion & Spirituality,9,Renewable,17,Report,4,Reports,46,Repository,1,Republicans,3,Rescue Operation,1,Research,5,Research and Development,24,Restructuring,1,Retail,36,Revenue Management,1,Rice,1,Risk Management,5,Robotics,8,Rohingya,5,Romania,2,Royal Canadian Air Force,1,Rupee,1,Russia,310,Russian Navy,5,Saab,1,Saadat,1,SAARC,6,Safety,1,SAFTA,1,SAM,2,Samoa,1,Sanctions,5,SAR,1,SAT,1,Satellite,14,Saudi Arabia,129,Scandinavia,6,Science & Technology,392,Science Fiction,1,SCO,5,Scotland,6,Scud Missile,1,Sea Lanes of Communications,4,SEBI,3,Securities,2,Security,6,Semiconductor,18,Senate,4,Senegal,1,SEO,5,Serbia,4,Services Sector,1,Seychelles,2,SEZ,1,Shadow Bank,1,Shale Gas,4,Shanghai,1,Sharjah,12,Shia,6,Shinzo Abe,1,Shipping,9,Shutdown,2,Siachen,1,Sierra Leone,1,Signal Intelligence,1,Sikkim,5,Silicon Valley,1,Silk Route,6,Simulations,2,Sinai,1,Singapore,16,Situational Awareness,20,Small Modular Nuclear Reactors,1,Smart Cities,7,Social Media,1,Social Media Intelligence,40,Social Policy,40,Social Science,1,Social Security,1,Socialism,1,Soft Power,1,Software,7,Solar Energy,14,Somalia,5,South Africa,20,South America,46,South Asia,467,South China Sea,35,South East Asia,74,South Korea,57,South Sudan,4,Sovereign Wealth Funds,1,Soviet,2,Soviet Union,9,Space,46,Space Station,2,Spain,9,Special Forces,1,Sports,3,Sports Diplomacy,1,Spratlys,1,Sri Lanka,23,Stablecoin,1,Stamps,1,Startups,43,State of the Union,1,STEM,1,Stephen Harper,1,Stock Markets,23,Storm,2,Strategy Games,5,Strike,1,Sub-Sahara,3,Submarine,16,Sudan,5,Sunni,6,Super computing,1,Supply Chain Management,47,Surveillance,13,Survey,5,Sustainable Development,18,Swami Vivekananda,1,Sweden,4,Switzerland,6,Syria,112,Taiwan,30,Tajikistan,12,Taliban,17,Tamar Gas Fields,1,Tamil,1,Tanzania,4,Tariff,4,Tata,3,Taxation,25,Tech Fest,1,Technology,13,Tel-Aviv,1,Telecom,24,Telematics,1,Territorial Disputes,1,Terrorism,77,Testing,2,Texas,3,Thailand,11,The Middle East,648,Think Tank,316,Tibet,3,TikTok,1,Tobacco,1,Tonga,1,Total Quality Management,2,Town Planning,2,TPP,2,Trade Agreements,14,Trade War,10,Trademarks,1,Trainging and Development,1,Transcaucasus,19,Transcript,4,Transpacific,2,Transportation,47,Travel and Tourism,13,Tsar,1,Tunisia,7,Turkey,74,Turkmenistan,10,U.S. Air Force,3,U.S. Dollar,2,UAE,139,UAV,23,UCAV,1,Udwains,1,Uganda,1,Ukraine,109,Ukraine War,21,Ummah,1,UNCLOS,7,Unemployment,1,UNESCO,1,UNHCR,1,UNIDO,2,United Kingdom,82,United Nations,28,United States,750,University and Colleges,4,Uranium,2,Urban Planning,10,US Army,12,US Army Aviation,1,US Congress,1,US FDA,1,US Navy,18,US Postal Service,1,US Senate,1,US Space Force,2,USA,16,USAF,21,USV,1,UUV,1,Uyghur,3,Uzbekistan,13,Valuation,1,Vatican,3,Vedant,1,Venezuela,19,Venture Capital,4,Vibrant Gujarat,1,Victim,1,Videogames,1,Vietnam,24,Virtual Reality,7,Vision 2030,1,VPN,1,Wahhabism,3,War,1,War Games,1,Warfare,1,Water,17,Water Politics,7,Weapons,11,Wearable,2,Weather,2,Webinar,1,WeChat,1,WEF,3,Welfare,1,West,2,West Africa,19,West Bengal,2,Western Sahara,2,White House,1,Whitepaper,2,WHO,3,Wholesale Price Index,1,Wikileaks,1,Wikipedia,2,Wildfire,1,Wildlife,3,Wind Energy,1,Windows,1,Wireless Security,1,Wisconsin,1,Women,10,Women's Right,11,Workers Union,1,Workshop,1,World Bank,34,World Economy,32,World Peace,10,World War I,1,World War II,3,WTO,6,Wyoming,1,Xi Jinping,9,Xinjiang,2,Yemen,27,Yevgeny Prigozhin,1,Zbigniew Brzezinski,1,Zimbabwe,2,
ltr
item
IndraStra Global: What the Battle Over Control of PG&E Means for US Utility Customers
What the Battle Over Control of PG&E Means for US Utility Customers
By Theodore J. Kury, University of Florida
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJBEdKGbqZ-RFIVRFuNkUn8oo80V3OfWbArI9bO7b-nppW0rcLSLx7WFn5jNdEpEHBpu7N2wbdw_83zXFWgOuW4gVLUSTLXaPt8RjE0uzK7tP5rB28CZXDA4EaR3iGUFsspWv3FmDDRuo/s640/PGE-graphic.jpg
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJBEdKGbqZ-RFIVRFuNkUn8oo80V3OfWbArI9bO7b-nppW0rcLSLx7WFn5jNdEpEHBpu7N2wbdw_83zXFWgOuW4gVLUSTLXaPt8RjE0uzK7tP5rB28CZXDA4EaR3iGUFsspWv3FmDDRuo/s72-c/PGE-graphic.jpg
IndraStra Global
https://www.indrastra.com/2019/11/PG-and-E-Battle-Over-Control-005-11-2019-0069.html
https://www.indrastra.com/
https://www.indrastra.com/
https://www.indrastra.com/2019/11/PG-and-E-Battle-Over-Control-005-11-2019-0069.html
true
1461303524738926686
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content